Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Large Volume Increase – Here’s Why

Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) saw unusually-strong trading volume on Tuesday . Approximately 176,529 shares were traded during mid-day trading, an increase of 168% from the previous session’s volume of 65,890 shares.The stock last traded at $48.57 and had previously closed at $49.66.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Trading Down 2.0 %

The business has a 50 day moving average of $50.82 and a 200-day moving average of $50.21. The stock has a market cap of $1.68 billion, a PE ratio of 11.95 and a beta of 0.79.

Institutional Trading of Invesco FTSE RAFI Developed Markets ex-U.S. ETF

A number of institutional investors have recently bought and sold shares of the company. Cerity Partners LLC increased its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 27.8% in the third quarter. Cerity Partners LLC now owns 30,660 shares of the company’s stock valued at $1,598,000 after purchasing an additional 6,671 shares during the last quarter. Flagstar Advisors Inc. boosted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 4.2% in the third quarter. Flagstar Advisors Inc. now owns 19,857 shares of the company’s stock valued at $1,035,000 after purchasing an additional 806 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 2.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 11,355,161 shares of the company’s stock worth $591,945,000 after buying an additional 234,733 shares during the last quarter. First Horizon Advisors Inc. bought a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the 3rd quarter worth approximately $175,000. Finally, Vertex Planning Partners LLC increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 131.1% in the 3rd quarter. Vertex Planning Partners LLC now owns 93,368 shares of the company’s stock valued at $4,867,000 after acquiring an additional 52,974 shares during the period.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Company Profile

The Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) is an exchange-traded fund that is based on the FTSE RAFI Developed x US 1000 index. The fund tracks an index of 1,000 of the biggest companies in developed markets outside the US that are selected and weighted based on fundamental measures. PXF was launched on Jun 25, 2007 and is managed by Invesco.